Two Sentence Traders

$LITE could be eyeing new highs next week

By rummy ·

$LITE's recent strength raises the bar into earnings, but $AAOI's print had strong read-throughs that support the setup holding. Models are leaning bullish on the index into next week, so if $LITE's own number backs it up, a run back to all-time highs is in play. Nothing's locked in and preview analysis comes later, but the setup's constructive going in.

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Aggregated and distilled by Two Sentence Traders. Not financial advice.